If you are unable to attend an auction, Koster Industries can bid on your behalf
Wed, April 25th 2018 1:00 P.M. EDT
MULTIPLE LOCATIONS - CHECK DETAILS PAGE FOR ITEM LOCATION
By Appointment Only
CNC MILL & ROTARY TABLE
Southwest Industries Trak DPM CNC Bed Mill, Travels: X-26.5″, Y-17″, Z-23.5″, 10″ x 45″ Power Feed Table, Quill Travel: 5″, Spindle Nose to Table: 0-24″, Complete with Kurt Power Lock Draw Bar, Prototrak MX2 CNC Controls, S/N: 93-20C (1993) (Located in Boston, MA)
HAAS Model VF-1 CNC Vertical Machining Center, 40-Taper Spindle, Coolant, HAAS CNC Controls, S/N: 2727 (Located in Long Island, NY)
Troyke Mdl. NC-9-B 4th Axis Rotary Table, S/N: 4349-1 (Located in Ronkonkoma, NY)
LVD Model HELIUS 2513 2,000-Watt CNC Laser, with 52″ x 110″ Cutting Bed, Shuttle Table, 50″ x 100″ Cutting Capacity, GE Fanuc Series 16-L CNC Controls, S/N: 24994 (1998) (Located in Stanford, CT)
5” Giddings & Lewis Model G5-T Horizontal Boring Mill, With 60” X 98” Table, Built In Outriggers, #50-Taper, 84” Cross Travel, 72” Vertical Travel, Ballscrews, 1120 Rpm, 25-Hp 220/440-Volt Motor (Located in South Elgin, IL)
VERTICAL TURRET LATHE
55” Graffenstaden Model 1616/1l Vertical Turret Lathe, 55” 4-Jaw Chuck, 59” Swing, 48” Under Rail, 5-Position Turret Head, Swiveling Side head, 100 Rpm, S/N: 202672 (Located in South Elgin, IL)
43” X 156” VDF Model E1000 Lathe, 33” OCS, IN/MM Threading, 39” 4-Jaw Chuck, Steady Rest, 280 Rpm, 30kw 380v, S/N: 2948 (Located in South Elgin, IL)
18” X 84” Breda Lathe, 12” OCS Complete With IN/MM Threading, Taper Attachment, 15” 4-Jaw Chuck, Steady Rest, 1524 Rpm, S/N: 28172 (Located in South Elgin, IL)
14” X 30” Monarch Lathe Complete with Hardways, 8” 3-Jaw Chuck, 487 Rpm, S/N: 8209 (Located in South Elgin, IL)
American Tool Works 24″ Metal Spinning Lathe, Complete with 4-Jaw Chuck, Tool Posts, All Cutting Bars (Located In Hamden, CT)
American Tool Works 20″ Metal Spinning Lathe, Complete with 3-Jaw and 4-Jaw Chucks (Located In Hamden, CT)
TOS Model SN50 18″ x 80″ Gap Bed Lathe, Complete with Camloc Spindle, 22.4-2,000 RPM, 3 & 4 Jaw Chucks, Approx, 24″ Through Gap, Trak 2-Axis DRO (Located in Fairfield, NJ)
METAL SPINNING LATHES
New Haven Mfg. 62″ Metal Spinning Lathe with 15-HP Polydyne Adjustable Speed Drive (Located In Hamden, CT)
Gabo #4 48″ Metal Spinning Lathe, Complete with 3-HP Variable Speed Drive, 0-252 RPM (Located In Hamden, CT)
30″ Metal Spinning Lathe, 4-Speeds: 109, 129; 219; 407 (Located In Hamden, CT)
24” X 60” Mattison Hydraulic Feed Surface Grinder, Complete With 24” X 60” Electromagnetic Chuck, Neutrifier Ii Chuck Control, 20-Hp, 220-440-Volt Motor, S/N: 19797 (Located in South Elgin, IL)
12” Pratt & Whitney Model B Vertical Slotter, 24” Rotary Table, 12.5” Maximum Stroke, S/N: 534 (Located in South Elgin, IL)
Kearney & Trecker Plain Model K Horizontal Milling Machine, 12” X 56” Table, 50-Taper, 1500 Rpm, S/N: 56-5000 (Located in South Elgin, IL)
Brown & Sharpe Universal Milling Machine with Bridgeport Series J Milling Head (Located In Hamden, CT)
Cincinnati #3 Plain Horizontal Milling Machine Dial Type Side Contros, 8-1,300 RPM, 15″ x 62″ Table, #50-Taper Spindle, Arbors, Arbor Support, S/N: 4AP1L-33 (Located in Fairfield, NJ)
DeVlieg No. 3B Jig Mill, #30 Taper, 23-1m,200 RPM, 30″ x 48″ Table, 26″ x 40″ T-Slotted Sub Table, S/N: 1-180 (Located in Fairfield, NJ)
Eisele Type VA-L Semi-Automatic Non-Ferrous Cold Saw, Complete with Power Clamping, Automatic Bar Feeder, Enclosure, S/N: 1340 (1994) (Located in Ronkonkoma, NY)
Elumatec Mdl. DC 12 Double Cut Mitre Saw, 3 HP, 106″ Length Between Heads, Power Clamping S/N: 87148 (Located in Hauppauge, NY)
Elumatec Mdl. 79.15 Double Cut Mitre Saw, 3 HP, 100″ Length Between Heads, Pneumatic Clamping, Mitring Head, S/N: 90176 (Located in Hauppauge, NY)
DoAll 24” Vertical Bandsaw, 32” X 41” Table Area, Butt Welder (Located in South Elgin, IL)
Clausing Model 2287 Floor Type Drill Press, 2,000 Rpm, .75/1.5-Hp, 460-Volt Motor, S/N: 519345 (Located in South Elgin, IL)
Carlton 3′ x 11′ Radial Arm Drill complete with Coolant, T-Slotted Box Table, S/N: 1A-973 (Located in Fairfield, NJ)
PS&W Power Roller with 4″ Dia. Rolls (Located In Hamden, CT)
Spanco 2-Ton Capacity Portable A-Frame Gantry with P&H 2-Ton Capacity Chain Fall (Located In Hamden, CT)
To accurately post consignment items we ask that you provide the following information
For Consignments Call 631.454.1766
ONLINE ONLY AUCTION SALE TERMS & CONDITIONS
BUYER INFORMATION: Each potential Buyer represents, warrants and certifies that it has provided (i) its full and accurate legal name and business address, and the full and accurate legal name and address of Buyer’s representative(s) attending and/or participating in the sale event of the Property, and (ii) the citizenship status of Buyer and its representative(s) and any foreign interest of Buyer or its representative(s)
BUYER BEWARE: “THE BUYER ALONE IS RESPONSIBLE FOR CHECKING THE QUALITY AND SUITABILITY OF GOODS BEFORE A PURCAHSE IS MADE”. Koster Industries Inc. makes no representations, warranties, promises, covenants or guarantees, expressed or implied, as to defects in or the completeness or accuracy of the description in any advertising of any item(s) being auctioned and is not responsible for any advertising discrepancies, descriptions, nomenclature or inaccuracies of any kind. ALL ITEMS ARE SOLD ON “AS IS, WHERE IS” BASIS AND WITH ALL FAULTS WITHOUT EXCEPTION AND WITH REMOVAL AT BUYERS SOLE RISK AND EXPENSE. THE AUCTIONEER MAKES NO REPRESENTATIONS, WARRANTIES, PROMISES, COVENANTS OR GUARANTEES OF ANY KIND, EXPRESSED OR IMPLIED, AS TO THE NATURE, QUALITY, DURABILITY, CAPABILITY, FUNCTION, PERFORMANCE, VALUE OR CONDITION OF THE ITEM(S) BEING AUCTIONED OR ITS (THEIR) SUITABILITY FOR ANY USE. THE AUCTIONEER EXPRESSLY AND SPECIFICALLY DISCLAIM, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE.
REGISTRATION: Koster Industries Inc. reserves the right to refuse any applicant the privilege of bidding or attending the auction for any reason, including but not limited to prior history with Koster or other auctioneers, past non-payment or removal.
OUT OF COUNTRY REGISTRATION: Koster Industries Inc. Requires a minimum of $2,000 deposit for all bidders residing outside of the continental United States. This deposit is refundable.
DEPOSIT: Koster Industries Inc. Reserves the right to require a deposit upon registration including credit card deposits and holds on the credit card for a minimum of $500.00 USD. All deposits are refundable.
PAYMENTS: All payments must be made in the form of Cash, Company Check – up to $1,000, Certified Funds over $1,000, Money Order, and Credit Cards with a 3% Processing charge. Koster Industries Inc. reserves the right to charge any buyers credit card for purchases made at the sale including all fees associated with if there is no communication between buyer and Koster Industries Inc. We will make multiple attempts to contact buyer then have the right to charge credit card associated with account.
SALES TAX: Purchaser shall also pay all applicable sales or use taxes imposed by all taxing authorities on such transaction unless purchaser shall present a resale certificate, certificate of exemption or the like, exempting the purchaser and auctioneer from the payment of any such sales and use taxes.
MANOR OF PAYMENT: All payments are to be made out to Koster Industries Inc. Payments are due upon posted time of payment, open invoice over the period of one week with no communication between buyer and auctioneer could be considered abandoned and Koster Industries Inc. Will reserve the right to re-sell, scrap any and all lots purchased.
COMPLIANCE WITH TERMS OF SALE: In default of payment of bills in full within the time therein specified, the auctioneer in addition to all other remedies allowed by law, may retain all monies received as deposit or otherwise, as liquidated damages. Lots not paid for and removed within the time allowed herein may be resold at public or private sale without further notice, and any deficiency, together with all expenses and charges of re-sale, will be charged to the defaulting purchaser. The execution, interpretation and performance of the Transaction Documents shall be governed by, and construed in accordance with, COMPLIANCE WITH TERMS OF SALE: In default of payment of bills in full within the time therein specified, the auctioneer in addition to all other remedies allowed by law, may retain all monies received as deposit or otherwise, as liquidated damages. Lots not paid for and removed within the time allowed herein may be resold at public or private sale without further notice, and any deficiency, together with all expenses and charges of re-sale, will be charged to the defaulting purchaser. The execution, interpretation and performance of the Transaction Documents shall be governed by, and construed in accordance with, the laws of the State of New York (without regard to its conflicts of law provisions). THE PARTIES HEREBY WAIVE THE RIGHT TO A JURY TRIAL IN ANY DISPUTE OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF, DIRECTLY OR INDIRECTLY, THE TRANSACTION DOCUMENTS, ANY OF THE RELATED DOCUMENTS, ANY DEALINGS BETWEEN SELLER AND BUYER RELATING TO THE SUBJECT MATTER HEREOF OR THEREOF, AND/OR THE RELATIONSHIP THAT IS BEING ESTABLISHED BETWEEN SELLER AND BUYER.
REMOVAL: All purchases must be removed not later than Posted Removal Time. No lot can, on any account, be removed during the sale. Removal shall be at the expense, risk and liability of the purchaser. Purchases will be delivered only on presentation of paid bill. The Auctioneer shall not be responsible for goods not removed within the time allowed, but shall have the option to remove and store at the expense and risk of the purchaser any article purchased, but not paid for and removal of any of the goods. A storage charge of $750.00 USD per day will be applied to anyone who does not remove within the posted time limit without prior permission from our office. for insurance reasons Koster Industries Inc. does not supply any material handling devises or equipment including but not limited to forklift trucks, cranes, pallet jacks, hand trucks, Etc. We require valid insurance from all people who work inside the facility including all machinery movers, erectors, millwrights, or any buyer operating equipment or dismantling / moving machinery - NO EXCEPTIONS.
Koster Industries Inc. does not pack, ship crate, transport or rig any items, we provide riggers / pack & ship companies information on our website as a courtesy, they are 3rd party contactors, Koster Industries is not responsible for rigging charges, damages, Etc. We must be supplied with an insurance certificate naming Koster Industries Inc. as additionally insured for all machinery movers or anyone operating equipment within the building - NO EXCEPTIONS
RESPONSIBILITY FOR NON-DELIVERY: The Auctioneer shall not, in any event, be liable for non-delivery of for any other matter or thing, to any purchaser of any lot, other than for the return to the purchaser of the deposit or sum paid on said lot, should the purchaser be entitled thereto.
CLAIMS: No claims will be allowed after removal of goods from premises.
SAFETY DEVICES: Articles purchased may not incorporate approved activating mechanisms, operating safety devices or safety guards, as required by OSHA or otherwise. It is purchaser’s responsibility that articles purchased be so equipped and safeguarded to meet OSHA and any other requirements before placing such articles into operation.
INDEMNIFICATION: Purchaser agrees to indemnify and hold the Auctioneer harmless from and against all claims and liabilities relating to the condition or use of the articles purchased or failure of user to follow instructions, warnings or recommendations of the manufacturer, or to comply with federal, state and local laws applicable to such articles, including OSHA requirements, or for proximate or consequential damages, costs or legal expenses arising therefrom.
RISK TO PERSON AND PROPERTY: Persons attending during exhibition, sale or removal of goods assume all risks of damage of or loss to person and property and specifically release the auctioneer from liability therefore. Neither the Auctioneer nor his principal shall be liable by reason of any defect in or condition of the premises on which the sale is held.
ADDITION TO OR WITHDRAWAL FROM SALE: The auctioneer reserves the right to withdraw from sale any of the property listed or to sell at this sale property not listed, and also reserves the right to group one or more lots into one or more selling lots or to subdivide into two or more selling lots. Whenever the best interest of the seller will be served, the auctioneer reserves the right to sell all the property listed, in bulk.
COMPLIANCE WITH LAWS. Buyer shall comply with all U.S. export control laws and regulations. The Property sold under the Transaction Documents may be subject to the provisions of Export Administration Act of 1979 and the Export Administration Regulations promulgated thereunder, the Arms Export Control Act and the International Traffic in Arms Regulations, and the sanctions laws administered by the Office of Foreign Assets Control. Buyer acknowledges that these statues and regulations impose restrictions on import, export and transfer to third countries of commodities and related data, and that licenses from the U.S. Department of Commerce or U.S. Department of State may be required before such commodities or data can be transferred, and that such licenses may impose further restrictions on use and further transfer of such commodities and data. Buyer agrees (i) to notify Seller prior to any transfer of Property (including goods, commodities or data) purchased under the Transaction Documents to any parties outside of the United States, (ii) to provide an end-use certificate and a certification that the Property (including goods, commodities and data) purchased under the Transaction Documents will not be transferred to any end-user or for any end-use that is prohibited by U. S. law, (iii) to provide proof of any required U. S. Automated Export System (AES) filing prior to export of any Property (including goods, commodities or data) purchased under the Transaction Documents, and (iv) that Seller reserves the right to cancel any sale at any time in the event it determines, in its sole discretion, that any transaction arising out of the Transaction Documents does or may violate applicable U.S. export control or similar laws.
DISPUTE BETWEEN BIDDERS: If any dispute arises between two or more bidders, the auctioneer may decide the same or put the lot up for sale again at once, and resell to the highest bidder. The auctioneer’s decision shall be final and absolute.
RESERVE: The auctioneer reserves the right to reject any and all bids. On lots upon which there is a reserve, the auctioneer shall have the right to bid on behalf of the Seller.
RECORDS: The record of sale kept by the auctioneer and bookkeeper will be taken as final in the event of any dispute.
INTERNET BIDDING: Koster Industries assumes no liability for any 3rd party internet bidding platform site for security including any and all unauthorized or compromised usage of the registrant’s username or password, and disruption in the internet or network service, such as outages, lag times, or credit card fraud.
COLLUSION: Buyers agree that they will not participate in any bidding practices with the intent of manipulating the bidding process, Buyers agree that they will not place bids under false names or buyer information.
AGENCY: The auctioneer is acting as agent only and is not responsible for the acts of its principals.